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Franklin
344 Old Winchester Rd
$180,000
● House - Off Market

344 Old Winchester Rd

Warwick, MA 01378
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$335,577
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Lost In Paradise!!  Very Unique Property, Main House Is A 2 Bedroom Log Cabin With Sunroom Addition, Multiple Decks And Hot Tub Room!  Accessory Building Houses A Studio/Workshop And 1 Car Garage, Has Running Water, Toilet and Separate BBHW Heating System. Surround By State Forest And Hidden From View, With Long Private Driveway Affording The Ultimate In Extreme Privacy!!  Hiking Trails On The Property, Bordering Stream And Wildlife Abounds!!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
16.00 acres
Price per sqft
$166
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72022049)

Price History

Date / Event Date Event Price
Oct 7, 2016 Sold
Premium
Sold
Jun 13, 2016 Listed by Cetto Real Estate $199,000
Listed by Cetto Real Estate
May 3, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 696,960
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016000
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Pioneer Valley School District
  • Census Tract: 040400

Geography

  • Account Number: 3124050000
  • Parcel: WARW M:405.0 B:0000 L:0068.0
  • Lot: 68.0
  • Municipality: WARWICK
  • Latitude: 42.7018
  • Longitude: -72.3368

    Address

  • Full Address: 344 Old Winchester Rd
  • Address - House Number: 344
  • Address - Street Name: Old Winchester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Warwick
  • Carrier Code: H082
  • 4-Digit Zip Code: 9365
  • Zip Code: 01378

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,500

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 340,972
  • High Value: 430,027
  • Low Value: 251,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $374,300
  • Assessed Land Value: $45,300
  • Assessed Improvements Value: $329,000

    Sales

  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11246
  • Previous Sale Recording Date: May 03, 2016
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: 34
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2189 ft²

Average Home Age

99.8 years

Currently For Sale

154 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72022049

Frequently Asked Questions

When was property at 344 Old Winchester Road built and last sold?
The property at 344 Old Winchester Road was built in 1971 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 344 Old Winchester Road is $204,019.
What are some comparable homes to 344 Old Winchester Road?
There are currently no comparable homes to 344 Old Winchester Road.
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